The latest ranking points to a slowdown in activity, with some surprising outliers.
Industrial real estate’s next stage of growth will be defined by trade policy decisions and a much bigger need for efficiency across operations. After the speculative surge from 2022 to 2024 resulted in above-average delivery volumes, industrial real estate market trends now point to a more moderate approach. This latest ranking of the top markets for industrial development, based on Yardi Matrix data, illustrates that sentiment across the U.S.
Overall, completions decreased across the nation in 2025, but some hotspots remained, while the structural drivers in each of these markets led to significant activity...
...Chicago
Chicago ranked seventh among the top markets for industrial development in 2025, with just under 8 million square feet of space coming online across 30 projects. Completions were down to half of the total recorded in 2024—15.9 million square feet across 45 properties....
...more
RSK: Chicago is going to influence our market the most. It is still the Heartland hub of America. Although development and spec is under 2024, it is still vibrant.
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- - Volume: 26 - WEEK: 11 Date: 3/10/2026 2:01:55 PM -